Poonawalla fincorp
Poonawalla fincorp

Tds on co-operative housing society

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2012 Can a company deduct TDS on maintenance charges paid to a co-operative housing society?
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
07 August 2012 Yes..TDS will be deducted u/s @2% on maintenance charges charged by soceity.
There is no exemption from TDS on payment to soceity for maintenance charges.
Co-operative soceity is a legal entity and assessed separately.

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